Skip to main content

IS THIS THE ANSWER TO WHY YOUR ESTATE AGENCY MARKETING ISN’T WORKING?


It doesn't matter how good your estate agency is, if nobody knows about it, knows how good it is, the facts and figures, the features and benefits. .. nothing will happen, so we start marketing ourselves  our firm, our services, giving the potential punters the facts, features and benefits of our agency.


We try to make people pay attention to us, we try to sell them on the facts, the features and the benefits of our estate (lettings) agency … we try to change what they think - so we can change what they do. (ie use our agency)
In a capitalist free market economy, we are totally inundated with people/companies trying to sell stuff, be that groceries, cars, and in our case, we are doing the same with our estate (and letting) agency services.
Everyone trying and sell us stuff with the use of marketing messages, day in day out, week in, week 

out, year in, year out … and 99.999% of these messages, we as human beings choose to ignore.

So clearly facts, features and benefits in isolation is not enough … here's the nub of spreading the word that your agency is the best …. it doesn't matter how good your estate agency is … because nobody cares.  (Do you care about what makes the local accountancy practice so good, its facts, its features, its benefits … I mean real care? No of course not .. so why should people care about your agency?)
People don't actually buy into your idea of being the best estate agency in your town on logic …. No, they buy into how it makes them feel.
 Do you know 95% of your decisions are made unconsciously without using logic or reason ….  so trying to persuade someone to buy the services of your estate / lettings agency with the facts, the features, the benefits is largely a waste of time 

As each year goes by, we all become busier and busier as human-beings. We are getting information overload, from the TV, from the Radio, from the internet and especially Social media .. We are all so busy and in all that noise … what do we do as a profession?
Just keep adding to that din, adding  to that information overload because all of us are trying to sell the services of our agency just banging on about the facts, the features and benefits … and our message isn’t being heard.
.. and that’s really tough, because as an agent, you know you are the best, its just nobody is listening to what you have to say … and reason why? Well the one question we consistently forget to ask is ‘why will anyone care about this?’

Does anyone care about my agency, my services, the fact I am no.1 agent on Rightmove and have 7 offices  .. no of course not ..only you and your Mum cares.

Some of you hard nosed estate agents out there, those of you who consider yourselves logical people, are thinking, “What’s utter tripe is this lad banging on about?”

… but let's just think about this for a second

  • Is paying £1.50 for Bottled water based on feelings or logic  (its free out of the tap)
  • Is paying £4 for a Starbucks - feeling or logic  (you can always have an instant coffee)
  • Is paying £19,300 for an Audi a feeling or logic based decision (when the same car with the same engine and spec sells for £16,000 at Skoda)
  • Dozen Red Roses on the 14th February – logic says they will half the price a week later
  • Moulton Brown - £19 for a tub of liquid soap – logic or feeling purchase


.. the list goes on.

All I ask you to do is think … “Why should anyone care about my agency?” .. because the ultimate way of judging and answering that question would be this .. if you closed down tomorrow .. would people miss you and your agency?

In future articles, I am going to guide you on how to make people care about your agency .. but in the meantime, have a great weekend.

Christopher


Popular posts from this blog

One tip to get better Conversion Rates

Some Estate agents boast about having really high conversion rates of 75% to 85%. These listers consider themselves the daddy listers, the big cheese valuers, the mutts-nutts of Valuers. Other Estate Agents have really low conversion rates of 20% to 25% of the free vals / mkt appraisals they go to. These listers/valuers wish their conversion rates were higher Recognise anyone that fall into those two groups? Which group of those would you rather

Are Countrywide becoming the Tesco's of UK Estate Agency?

10 years ago – Tesco’s could do no wrong, the darling of the stock market, huge profits, they were invincible ..  but now, still huge – Tesco’s are not the force they once were. Tesco’s Senior executives were pushed out of the business which also suffered a culture change which was "not for the better". .. and that made me think, the of the possible similarities between what happened at Tesco’s and what appears to be happening now at Countrywide
For years, anyone who had dealings with Countrywide would come away with respect for the apparent clinical efficiency of its business model. One company, many brands. The senior management team had so much depth of experience .. both a mile wide and a mile deep. Countrywide played hard but

Cheap Fees in Estate Agency

My good lady wife loves shopping online. In fact, Amazon, they rang her last week to check she was Ok as she hadn’t ordered anything for three days (only kidding .. they rang after two days)
She ordered some Gin glasses (not from Amazon) from the internet – you know the ones that look like a goldfish bowl on a stick. The glass seller put the box of six glasses (the box being quite flimsy in the first place) in another brown cardboard box. This brown cardboard box was a couple of inches bigger around the sides of glass box, but the same height as the